MONEY IS (A) ANYTHING THAT IS GENERALLY ACCEPTED IN PAYMENT FOR GO...

11) Money is

(a) anything that is generally accepted in payment for goods and services or in the repayment of

debt.

(b) frequently—but incorrectly—used synonymously with wealth.

(c) paper money, coins, and checks.

(d) all of the above.

(e) only (a) and (c) of the above.

Answer: D

Question Status: Revised